Risk Analysis Analyst

Bank of America•Newark, NJ

6d•Onsite

About The Position

The Risk Analysis Analyst supports the Consumer and Small Business Credit Risk Data, Reporting, and Operations team, which provides repeatable, sustainable, and well-controlled processes for risk management across Consumer and Small Business products, including Credit Cards, Home Loans, Consumer Vehicle Lending, Deposits, and Small Business solutions. The team partners with business and technology stakeholders to deliver data-driven insights, reporting solutions, and process improvements while maintaining strong governance and control standards. The role develops or manages datasets, supports reporting and analysis, and assists with modeling activities to help manage risk and minimize losses. It produces and maintains production-critical monthly, quarterly, and ad hoc credit risk reports; extracts, transforms, reconciles, and validates data from multiple sources; and performs quality assurance and control procedures to support reporting accuracy and data integrity. The analyst also monitors portfolio trends and control outputs, supports issue investigation and remediation, and documents procedures to help meet enterprise governance, risk, and regulatory requirements. The position is in-office, with role-specific flexibility based on responsibilities and business needs.

Requirements

Bachelor's degree.
0–2+ years of experience in Reporting, Data Management, Analytics, Risk Management, or a related area.
Working knowledge of SAS, SQL, Tableau, or other business intelligence tools.
Strong analytical and problem-solving skills.
Strong verbal and written communication skills.
Ability to perform data quality assurance, execute audit-level validations, and follow governance requirements.
Ability to manage multiple priorities and deliver results within established timelines.
Attention to detail and commitment to data accuracy.

Nice To Haves

Credit Risk or Consumer Lending experience.
Experience with Tableau, Power BI, or other business intelligence tools.
Experience working with large datasets and relational databases.
Knowledge of reporting lifecycle and production support processes.
Understanding of data governance and data quality concepts.
Experience documenting procedures and business processes.
Ability to identify process improvement opportunities.
Experience using Agile, Jira, or other project tracking tools.
Strong attention to detail.
Collaboration and partnership skills.
Curiosity and willingness to learn new technologies and reporting methodologies.

Responsibilities

Support reporting that enables risk and business partners to identify and manage risk.
Analyze information to support data design, portfolio trends, loss trends, and portfolio dynamics in alignment with business strategies.
Assist with product strategic initiatives affecting multiple risk functions and lines of business.
Provide analytical support and use analytical techniques to aggregate data.
Help respond to information requests from internal and external parties.
Assist with remediation of data quality issues and cross-functional efforts.
Monitor control outputs and support investigations of alerts from control checks.
Produce and maintain monthly, quarterly, and ad hoc credit risk reports for stakeholders.
Execute established reporting processes using SAS, SQL, Tableau, and other reporting tools.
Extract, transform, reconcile, and validate data from multiple sources according to governance and control standards.
Perform audit-level quality assurance, data validations, and control procedures to ensure reporting accuracy and data integrity.
Support portfolio monitoring by identifying trends, anomalies, and data quality concerns and escalating issues as appropriate.
Partner with business stakeholders and senior team members on reporting enhancements, issue resolution, and continuous process improvement.
Document procedures and support compliance with enterprise governance, risk, and regulatory requirements.